2408 North 22nd STREET #2408AMilwaukeeWI53206
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Milwaukee at 2408 North 22nd STREET #2408A, Milwaukee, WI, 53206 offers a 12.12% rental yield on a $129,900 purchase with $1,312/mo rent. Total monthly income registers $1,312/mo, and a $636/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,280/yr on $43,062 to close, and return on cash invested stands at 32.17% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 169.42% and total cumulative return in cash at $72,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,312/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53206, Milwaukee, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,353 (100%) |
| Owner Occupied HU | 2,731 (26.4%) |
| Renter Occupied HU | 5,831 (56.3%) |
| Vacant Housing Units | 1,791 (17.3%) |
| Median Home Value | $62,979 |
| Average Home Value | $124,190 |
Housing Distribution
Address Breakdown
Residential
9,244
Single Family
8,642
Multi-Family
602
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices